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REGISTERED NUMBER: 05501489 (England and Wales)















A&A Refrigeration Limited

Unaudited Financial Statements for the Year Ended 30 September 2018






A&A Refrigeration Limited (Registered number: 05501489)

Contents of the Financial Statements
for the Year Ended 30 September 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


A&A Refrigeration Limited

Company Information
for the Year Ended 30 September 2018







DIRECTORS: JJ Alcock
JC Addicott
HC Addicott





REGISTERED OFFICE: 3 Southernhay West
Exeter
Devon
EX1 1JG





REGISTERED NUMBER: 05501489 (England and Wales)





ACCOUNTANTS: Haines Watts Exeter LLP
3 Southernhay West
Exeter
Devon
EX1 1JG

A&A Refrigeration Limited (Registered number: 05501489)

Balance Sheet
30 September 2018

2018 2017
Notes £    £   
FIXED ASSETS
Tangible assets 5 137,074 142,540

CURRENT ASSETS
Stocks 6,500 5,000
Debtors 6 68,517 83,073
Cash at bank and in hand 79,365 24,189
154,382 112,262
CREDITORS
Amounts falling due within one year 7 (127,134 ) (118,054 )
NET CURRENT ASSETS/(LIABILITIES) 27,248 (5,792 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

164,322

136,748

CREDITORS
Amounts falling due after more than one
year

8

(35,313

)

(55,986

)

PROVISIONS FOR LIABILITIES (7,237 ) (8,303 )
NET ASSETS 121,772 72,459

CAPITAL AND RESERVES
Called up share capital 1,200 1,200
Retained earnings 120,572 71,259
SHAREHOLDERS' FUNDS 121,772 72,459

A&A Refrigeration Limited (Registered number: 05501489)

Balance Sheet - continued
30 September 2018


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as
at the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 25 February 2019 and were signed on
its behalf by:





JJ Alcock - Director


A&A Refrigeration Limited (Registered number: 05501489)

Notes to the Financial Statements
for the Year Ended 30 September 2018


1. STATUTORY INFORMATION

A&A Refrigeration Limited is a private company, limited by shares , registered in England and Wales.
The company's registered number and registered office address can be found on the Company
Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
The financial statements do not contain significant judgements or estimates.

Turnover
Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and
services to customers.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% straight line
Plant and machinery - 15% reducing balance
Fixtures and fittings - 15% reducing balance
Motor vehicles - 25% reducing balance
Office equipment - 15% reducing balance

Stock
Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow
moving stock. Net realisable value is based on selling price less anticipated costs to completion and
selling costs.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.


A&A Refrigeration Limited (Registered number: 05501489)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2018


3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that
are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is
probable that they will be recovered against the reversal of deferred tax liabilities or other future
taxable profits.

Hire purchase and leasing
Rentals payable under operating leases are charged in the profit and loss account on a straight line
basis over the lease term.

Assets held under finance leases, which are leases where substantially all the risks and rewards of
ownership of the asset have passed to the company, are capitalised in the balance sheet as tangible
fixed assets and are depreciated over the short of the lease term and their term and their useful lives.
The capital elements of future obligations under the leases are included as liabilities in the balance
sheet. The interest element of the rental obligation is charged to the profit and loss account over the
period of the lease. Assets held under hire purchase agreements are capitalised as tangible fixed
assets and are depreciated over the shorter of the lease term and their useful lives. The capital
element of future finance payments is included within creditors. Finance charges are allocated to
accounting periods over the length of the contract.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual
arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is
any contract that evidences a residual interest in the assets of the company after deducting all of its
liabilities.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2017 - 8 ) .

A&A Refrigeration Limited (Registered number: 05501489)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2018


5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 October 2017 120,355 9,426 1,686
Additions - - 2,254
At 30 September 2018 120,355 9,426 3,940
DEPRECIATION
At 1 October 2017 10,275 6,053 599
Charge for year 2,407 508 354
Eliminated on disposal - - -
At 30 September 2018 12,682 6,561 953
NET BOOK VALUE
At 30 September 2018 107,673 2,865 2,987
At 30 September 2017 110,080 3,373 1,087

Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 October 2017 53,066 7,457 191,990
Additions - 4,232 6,486
Disposals (11,750 ) - (11,750 )
At 30 September 2018 41,316 11,689 186,726
DEPRECIATION
At 1 October 2017 27,840 4,683 49,450
Charge for year 5,755 721 9,745
Eliminated on disposal (9,543 ) - (9,543 )
At 30 September 2018 24,052 5,404 49,652
NET BOOK VALUE
At 30 September 2018 17,264 6,285 137,074
At 30 September 2017 25,226 2,774 142,540

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors
and accrued income 66,798 81,374
Prepayments 1,719 1,699
68,517 83,073

A&A Refrigeration Limited (Registered number: 05501489)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2018


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 12,000 6,388
Hire purchase contracts 7,148 7,148
Trade creditors 68,310 56,675
Taxation and social security 35,632 30,235
Other creditors 4,044 17,608
127,134 118,054

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Bank loans 18,643 32,169
Hire purchase contracts 5,063 12,210
Other creditors 11,607 11,607
35,313 55,986

Amounts falling due in more than five years:

Repayable by instalments
Bank loans over 5 years - 6,616

9. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Bank loans and overdrafts 29,489 45,173
Hire purchase contracts 12,210 19,358
41,699 64,531

There is a debenture in place with National Westminster Bank PLC dated 22 February 2013. The
amount secured by the debenture is for all the company's liabilities to National Westminster Bank
PLC of any kind.

A&A Refrigeration Limited (Registered number: 05501489)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2018


10. RELATED PARTY DISCLOSURES

Directors:
A director of the company had a director loan with the company. At the balance sheet date the
amount due to the director was £2,208 (2017 - £2,208).


A director of the company had a director loan with the company. At the balance sheet date the
amount due to the director was £9,400 (2017 - £9,400).

Other related parties:
During the year there was a loan outstanding due to Addicott Electrics Limited, a related party of the
company. At the balance sheet date the amount due was £NIL (2017 - £1,667). No interest is payable
on the loan. This balance was repaid by February 2018.